In an effort to boost the real estate market, more and more programs have become available to assist first time home buyers. Programs exist at the Federal, State and local levels.
If you are a first time home buyer looking to purchase property in Miami Beach, you may be eligible for the Miami Beach First-Time Home Buyer Assistance Program.
The program offers low- or no-interest loans or grants for down payment or closing cost assistance.
Home Buyer Qualifications:
-Must be a first time home buyer or have not owned property for past 3 years
-Satisfactory credit history
-Steady employment or income
-Income limit is set at $78,260 for a family of four
-Additional assistance may be available to lower income families
Property Eligibility:
-Property must be in Miami Beach
-Property price may not exceed $326,000
For more information on this and other programs available to first-time home buyers, call me at 305.851.5910. For over 16 years I've helped people prosper through real estate. I'd love to help you too!
Bria Toulemonde, CDPE
South Beach Investment Realty
305.851.5910
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